A Settlement Agreement (formally known as a Compromise Agreement) is a legally binding agreement between an employer and an employee. Usually, an employee accepts a sum of money in return for agreeing not to bring certain legal claims against their employer. Settlement agreements are most frequently used by employers when a relationship with an employee breaks down, when employees are redundant and when the employer wishes to agree specific exit terms. The terms of the settlement agreement should be tailored to your business needs and usually cover matters such as:

We can draft bespoke agreements to ensure that your business is protected from future claims by the exiting employee.

Fiona McAnaw

Litigation & Dispute Resolution

Samantha Hyslop

Litigation & Dispute Resolution

Kristie Willis

Litigation & Dispute Resolution

Call for a free chat

Give us a call today for a FREE initial chat with one of our legal experts.

Get in touch

Please note that our offices will have revised opening hours over the festive period.

  • Thursday 19th December – our offices will be open until 11.00am (to allow for the BTMK Staff Christmas Party)
  • Friday 20th December – usual opening hours apply
  • Monday 23rd December – usual opening hours apply
  • Tuesday 24th December – Wednesday 1 January inclusive – our offices will be closed for the festive period
  • Thursday 2nd January – usual opening hours resume